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Accounts - Principles of Accounts 2012 JAMB Past Questions

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46

Use the information above to answer the question
Find the gross profit.

  • A. N370,000
  • B. N230,000
  • C. N150,000
  • D. N140,000
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47

Use the information above to answer the question

Calculate the net profit.

  • A. N35,000
  • B. N40,000
  • C. N105,000
  • D. N115,000
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48

Determine the bank balance

  • A. N 6,950 credit
  • B. N6,950 debit
  • C. N6,000 credit
  • D. N6,000 debit
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